Italy shuts all its schools and universities from Thursday, until March 15. The death toll there has risen to 107 while cases total almost 3,090.
There are now over 95,300 cases worldwide and more than 3,200 people have died, a Reuters tally shows.
The US House of Representatives overwhelmingly approved on Wednesday an $8.3 billion bill to combat the spread of the coronavirus and develop vaccines. It still needs to be approved by the Senate.Investors eye more Fed cuts, fuels slide in dollar But while US policy rates have more room to fall, many rates in Europe and Japan are already below zero, putting the onus on governments there to look initially at fiscal measures to boost their economies.Scientists in China studying the disease caused by the new coronavirus say they have found that two main strains of the virus are circulating in humans and causing infections.
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